LOYAL Brits are throwing away up to £725 A YEAR by refusing to haggle for a better deal.
That’s the verdict from consumer group Which?, who found there are big savings to be had – if you try your luck and see what discounts you could get.
Some 42 per cent of Brits haven’t tried to haggle in the last year but a whopping 86 per cent of broadband and pay TV customers were able to knock £216 off their annual bill – just by being brave and asking for a better deal.
Those with a standalone broadband package saved an average of £120 a year.
More than three-quarters (77 per cent) were able to slash the cost of their mobile bill by an average of £72 a year too.
It was a similar story for insurance customers.
Those who pushed for a better deal on their home, car and car breakdown insurance got an average annual saving of £125 a year.
But the biggest saving of all can come from binning your energy provider completely.
Rip-off and expensive Standard Variable Tariffs (SVTs) have caught the eye of the Government, which announced last month bills would be capped for those on them.
Such has been the controversy of soaring energy costs that British Gas has scrapped its open-ended and rolling SVT deals from April next year.
Which? found that almost a third of Brits have stuck with the same energy supplier for the last 10 years,
But if they switched providers, they could save an eye-watering £312 a year on average.
Alex Neill, Which? managing director of home products and services, said: “People who stay with the same energy, telecoms or insurance company year after year rarely get the best deal.
“Customers paying the price for loyalty should ask their providers to reward them, or be prepared to lose them.”
Last month, The Sun Online hit the shops in Oxford Street to see if we could get some of the biggest high street names to slash their costs thanks to haggling.
Which? surveyed more than 2,000 people about their haggling habits.
Here are Which?’s best tips for haggling down the cost of your bills.
Theresa May tells The Sun she’s ‘fed up with rip-off energy prices’ and will cap bill rises
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